NOT LISTED FOR SALE

2025 2nd Ave SW Minot, ND 58701

Estimated Value: $298,000

8 Beds
4 Baths
1,501 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 11, 2020

Current estimated payment $1,953/month

91 Days on Market

About This Home

As of May 2020

Updated 4-plex with a good rental history located in SW Minot. All 4 apartments are 2 bedrooms and 1 bath. The exterior has updated vinyl siding, windows, and shingles. Coin operated clothes washer & dryer. Tenant pays for heat & lights.

Last Agent to Sell the Property

Mike Pellenwessel

Preferred Partners Real Estate Listed on: 12/30/2019

Last Buyer's Agent

Lucas Knight

SIGNAL REALTY License #9804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1963

Lot Details

  • 0.33

Parking

  • Gravel Driveway

Home Design

  • 1,501 Sq Ft Home
  • Quadruplex
  • Split Foyer
  • Concrete Foundation

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,021

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Building Style: Split Foyer
  • Additional Comments: SELLER PD
  • Additional Comments 3: $4,591 CONCESSIONS
  • Age: 50+
  • Flooded: Yes-R
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Bedrooms: 8
  • Bathrooms: 4
  • Appliances: Microwave, Dishwasher, Refrigerator, Range/Oven
  • Has Basement: Finished, Full, Daylight
  • Sq Ft Above Ground: 1501-2000
  • Basement Type: Fourplex

Exterior Features

  • Foundation: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage 1: None
  • Garage 2: None

Utilities

  • Air Conditioner: Wall
  • Heating: Electric
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • Units in Building: 4

Schools

  • School District: Minot #1

Lot Info

  • Acres: Less
  • Zoning: R3B

Rental Info

  • Annual Rent Income: $23,700

Tax Info

  • Taxes: $3021(EST)
  • Tax Year: 2018
  • Taxes Exp: $3,021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
May 11, 2020
Sold by
Magco Llc
Bought by
Stephens Charles E
Seller's Agent
Mike Pellenwessel
Preferred Partners Real Estate
Buyer's Agent
Lucas Knight
SIGNAL REALTY
List Price
$174,900
Current Estimated Value
$298,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$173,910
Outstanding Balance
$154,683
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$143,317
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stephens Charles E $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Charles E $173,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold -- -- --
03/30/2020 03/30/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $174,900 -- $117 / Sq Ft
Source: Minot Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,460 $130,500 $28,500 $102,000
2023 $4,568 $125,000 $25,000 $100,000
2022 $3,243 $93,000 $25,000 $68,000
2021 $2,867 $85,500 $25,000 $60,500
2020 $3,190 $96,000 $25,000 $71,000
2019 $3,006 $89,000 $25,000 $64,000
2018 $2,757 $82,500 $25,000 $57,500
2017 $3,021 $98,000 $27,500 $70,500
2016 $3,099 $124,500 $27,500 $97,000
2015 $2,744 $124,500 $0 $0
2014 $2,744 $150,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Pellenwessel

    Preferred Partners Real Estate

    (701) 833-8430

    45 in this area

    61 Total Sales

    Mike Pellenwessel
    Section Image
  • Lucas Knight

    Buyer's Agent in 2020

    Lucas Knight

    SIGNAL REALTY

    (701) 720-9163

    96 in this area

    127 Total Sales

    Lucas Knight
    Section Image
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Map

Source: Minot Multiple Listing Service

MLS Number: 192625

Minot Multiple Listing Service

APN: MI-22500-040-014-0

North Dakota Ward County Minot 58701

2025 2nd Ave SW, Minot, ND

Not Listed for Sale

MultiFamily

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